Yes it is. In the list of available protocols, it's listed as NWLink IPX/SPX/NetBIOS Compatible Protocol. I'll list the steps on how to add the protocol, in case you aren't familiar with how to add protocols in Windows 2000.
Open the Network/Dial-up Connections applet in Control Panel. Open Local Area Connection, select properties, from properties select install, protocol, from the list of available protocols select NWLink IPX/SPX/NetBIOS Compatible Protocol. After clicking a couple of "OK's" you should be on your way.